04/14/1984 Regular MeetingKODIAK ISLAND BOROUGH ASSEMBLY SPECIAL MEETING - April 14, 1984
,1 4 Virbatirrm)Recordlis pn -sill irrthe Clerk's Office)
I CALL TO ORDER
Mayor Selby called the meeting to order at 12:16 p.m. in the
Borough Assembly Chambers.
II ROLL CALL
Present Absent
Mayor Selby Mr. Wakefield - (excused)
Mr. Anderson
Ms. Barker
Mrs. Cater
Mr. Murray
Mr. Naughton
Mr. White
A quorum was established.
Mr. Naughton moved to excuse Mr. Wakefield. Seconded by Mrs.
Cater. Motion carried by unanimous voice vote.
III ITEMS OF BUSINESS
1. Ord. No. 84-15-0 Authorizing $9,500,000 Principal Amount of G.O.
Variable Rate Demand Bonds, Series B, of KIB, Alaska, The Execu-
tion Of A Credit Agreement And A Sales Agency Agreement With
Respect To The Bond And Providing For An Effective Date.(Tabled)
Mr. White moved to remove from the table. Seconded by Mr.
Naughton. Motion carried by unanimous voice vote.
Mayor Selby clarified that Version B with the addition on page 26
of Section 5.05. Secondary Market Transaction. The Borough
covenants that it will not under an circumstances bu Bonds in the
secondary market. is the ordinance before them.
(Mr. White moved to adopt Ordinance No. 84-15-0. Seconded by Mrs.
Cater.)
Mr. Murray moved to amend by changing the principal amount of
$9,500,000 to $8,500,000. Seconded by Mr. Anderson. Amendment
failed 2-4 with Mr. Anderson and Mr. Murray casting the YES votes.
Motion carried 4-2 on Ordinance No. 84-15-0 with Mr. Anderson and
Mr. Murray casting NO votes.
2. Res. No. 84-32-R Authorizing The Approval Of The Final Design
Documents And Advertising For Bids For The Auditorium/Old Main
Remodel Project. (Tabled)
Mr. Murray moved to remove from the table. Seconded by Mrs. Cater.
Motion carried by unanimous voice vote.
(Mrs. Cater moved to adopt Resolution No. 84-32-R. Seconded by Mr.
Naughton.)
Mr. Murray moved to amend by adding an Alternate No. 3 - Paving and
dropping the present Alternate No. 3 to No. 4 and so on down the
list and also reduce contingencies by $160,000. Seconded by Mr.
White. Amendment carried by unanimous roll call vote.
Main motion as amended on Resolution No. 84-32-R carried by unani-
mous roll call vote.
IV ADJOURNMENT
Mr. Murray moved to adjourn. Seconded by Mr. Naughton. Motion
carried by unanimous voice vote.
Mayor Selby adjourned the meeting at 12:48 pm.
W.
ATTEST: boriongh Mayor
v
Borough
0 0 0 2 ( r,
David L. Wakefield
P.O. Box 235
Port Lions, Alaska 99550
KODIAK ISLAND BOROUGH
P.O. Box 1246
Kodiak, Alaska 99615
ATTN: MICKIE MILLER, CMC
Borough Clerk
Dear Mickie, April 23, 1984
I hereby waive the required notice as set forth in Alaska Statutes
29.23.060 with respect to the Special Meeting held on April 14, 1984.
Sincerely,
i
David L. Wakefield \